Category Archives: Entrepreneurship

Mr. Biden, If It Ain’t Broke, Please Don’t Fix It! I read in today’s Wall Street Journal that Securities and Commission Chairman (SEC) Jay Clayton is leaving his post at the end of the year and that this opens the … Continue reading →

Intrinsinomics Paper Presented at International Leadership Association (ILA) I presented an updated paper on my new theory of economics known as, The Value Creation Theory of the Economy (also known as, Intrinsinomics), on November 6, 2020 at the International Leadership Association’s annual global conference, which … Continue reading →

Looking at Strategic Management Through a Financial Lens – An Update I taught two MBA courses in Strategic Management this past summer at California Baptist University. While teaching these courses, I was experimenting with different ways to explore the concept … Continue reading →

A Tried and True Market Indicator We’re always on the lookout for sure-fire market indicators. Here is one that rarely misses. This is the one where everyone becomes a day trader. Of course, this has been happening for quite some … Continue reading →

How Can Not Paying Taxes Be a Good Thing for Investors and the Economy? The New York Times and other newspapers reported recently that Trump paid only $750 in taxes in 2016 and 2017. Trump acknowledged this fact and even … Continue reading →

October NABE Outlook Survey Summary: “The NABE Outlook panel sees a strong rebound in economic activity after the collapse experienced during the second quarter,” said NABE Vice President Manuel Balmaseda, CBE, chief economist, CEMEX. “The median forecast calls for a 25% … Continue reading →

The Missing Piece in the Macroeconomic Puzzle For the first time, the Bureau of Economic Analysis (BEA) has released the “top line” gross output (GO) at the same time as the “bottom line” GDP. The Wall Street Journal has just published … Continue reading →

Do P/E Ratios Imply a 44% Drop in the Market? Will price-to-earnings (P/E) ratios revert to the mean? They have been high for a very long time, indicating an overvalued stock market. I have been writing about this problem in … Continue reading →

U.S. Government is Crowding Out Private Investment Will the U.S. government be the innovator of the future? Probably not. But the way it is borrowing money and crowding out private investment, one would think that the government believes it can … Continue reading →

If You Want to Understand the Financial Markets, Read the Bible I’ve been studying the Bible to gain a better appreciation for its historical and literary significance. Besides being the word of God, it is a fascinating and insightful account … Continue reading →